Supervisory Board
The AFM has a Supervisory Board, which is responsible for monitoring whether the AFM's tasks are carried out properly by the Executive Board, with due observance of the applicable legislation and the principles of good governance.
The Supervisory Board is also responsible for approving the AFM's annual plan and budget and adopting the annual accounts. Executive Board resolutions of major strategic importance - e.g. to adopt or alter policy plans for the medium or long term, change the organisational structure, appoint or dismiss the external auditor, amend the Statutes or accept new tasks - are submitted to the Supervisory Board in advance for approval.
The Minister of Finance has the power to appoint and dismiss the members of the Supervisory Board. Members are appointed to the Supervisory Board based on nominations by the Supervisory Board.
The AFM's Supervisory Board is composed as follows:
- G.A. Möller (Chairman)
- D.C.C. van Everdingen (Vice Chairman)
- H.M. Prast
- J.S.T. (Tjalling) Tiemstra RA (until 1 February 2012)
- B.J.H.S. (Joop) Feilzer